If no power of sale is contained in a mortgage or deed of trust, the grantee or any assignee thereof, at his option, after condition broken, may foreclose same either in a court having jurisdiction of the subject matter, or by selling for cash at the courthouse door of the county where the property is situated, to the highest bidder, the lands embraced in said mortgage or deed of trust, after notice of the time, place, terms, and purpose of such sale has been given by four consecutive weekly insertions of such notice in some newspaper published in the county wherein said lands, or a portion thereof are situated.
Structure Code of Alabama
Article 1 - Powers Contained in Mortgages.
Section 35-10-2 - Sale Under Power Where Instrument Silent as to Place or Terms of Sale.
Section 35-10-3 - Foreclosure When Instrument Contains No Power of Sale.
Section 35-10-4 - Sale of Lands Situated in Two or More Counties.
Section 35-10-5 - Foreclosure Deed Conveys Legal Title.
Section 35-10-6 - Additional Satisfaction Permitted Under Continuing Power of Sale.
Section 35-10-7 - Sale to Be Held in County Where Property Situated.
Section 35-10-8 - How Notice of Sale Given.